19 Sep 2017 15:38
19 September 2017
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
TATTON ASSET MANAGEMENT PLC
("TAM", "the Group" or "the Company")
Purchase of shares and PDMR notification
Tatton Asset Management plc (AIM: TAM), the on-platform discretionary fund management and IFA support services business, has today been notified that on 19 September 2017, Lothar Mentel, Director and Chief Investment Officer, a person discharging managerial responsibilities ("PDMR"), purchased in aggregate 115,615 ordinary shares of £0.20 each in the Company ("Ordinary Shares") at an aggregate price of 178.86 pence per share.
Following the purchase, Mr. Mentel and his connected persons are beneficially interested in 579,034 Ordinary Shares, representing approximately 1.0 per cent. of the Company's issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Lothar Alfred Mentel
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2 | Reason for the notification | |||||
a) | Position/status | Director, Chief Investment Officer
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b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Tatton Asset Management plc | ||||
b) | LEI | 213800G2F8I1N7HTVP88 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares
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c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
Aggregate volume - 115,615 Aggregate price - 178.86 pence | ||||
e) | Date of the transaction | 19 September 2017 | ||||
f) | Place of the transaction | London stock Exchange, AIM | ||||
For further information, please visit www.tattonassetmanagement.com or contact:
Tatton Asset Management plc +44 (0) 161 486 3441
Paul Hogarth (Chief Executive Officer)
Lothar Mentel (Chief Investment Officer)
Noel Stubley (Chief Financial Officer)
Nomad and Broker
Zeus Capital +44 (0) 20 3829 5000
Martin Green (Corporate Finance)
Dan Bate (Corporate Finance and QE)
Pippa Underwood (Corporate Finance)
Media Enquiries
Powerscourt +44 (0) 20 7250 1446
Justin Griffiths
Mazar Masud
Roddi Vaughan-Thomas
Tatton Asset Management (TAM)